HCD Web News – January 23, 2013

HCD Web News is an electronic clipping service which features stories related to California and national housing and community development related issues. HCD staff compiles current news sources on Monday, Wednesday, and Friday.

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TODAY’S NEWS

AFFORDABLE HOUSING

SAN DIEGO UNION-TRIBUNE: National City tackles affordable housing issue

By Katherine Poythress // NATIONAL CITY — National City faces some of the toughest challenges in San Diego County as it begins work to provide nearly 2,000 affordable-housing units between now and 2020. California has determined the affordable housing production needs for the San Diego region, and SANDAG has allocated a share of that need …

HOUSING DEVELOPMENT

NEW YORK TIMES: City Unveils Winner of Tiny-Apartment Competition

By Vivian Yee // The apartment of New York City’s future, as the city imagines it, has all the amenities of modern life: wheelchair-accessible bathroom, a full kitchen, space for entertaining and access to a gym, communal lounge, front and back porches and a rooftop garden — all in 250 to 370 square feet. …

FORBES.COM: What privately held builders see in the housing market

By Mary Ellen Biery [1/18/13] // Some positive reports this week on the housing market are consistent with the “mild but meaningful” growth showing up in revenues of privately held residential construction companies. Private residential construction companies saw sales increase 3.6 percent from December 2011 to December 2012 …

LAND USE / PLANNING / REGULATION

SACRAMENTO BEE: Squaw Valley development plan raises neighbors’ concerns

By Tom Knudson // OLYMPIC VALLEY – Walled in by majestic snow-clad peaks, Squaw Valley USA has long been known as a mecca for downhill skiing. Now a proposal by the ski area’s new owner to build a year-round luxury resort with condos, cabins, an indoor water park and other amenities is stirring conflict and concern. …

HOUSING MARKETS / REAL ESTATE

SACRAMENTO BUSINESS JOURNAL: Sacramento-area home prices hit 2002 levels

[1/22/13] // Home values in the Sacramento region rose at the fastest pace since August 2006, according to the real estate data service Zillow. Prices in December were up 11.7 percent over the same month in 2011 to an estimated median of $225,200, the company said in a report issued today. Nationally, prices rose 5.9 percent to $157,400. …

HOUSING WIRE: Housing recovery will surge short term, but hurdles remain

By Christina Mlynski [1/21/13] // With existing home sales and property construction picking up over the past three years, all the positive momentum in housing is expected to continue, but headwinds still loom. Consistently low interest rates and falling home prices will continue to spur demand for properties among investors, RealtyTrac …

MORTGAGE & FORECLOSURE ISSUES

FRESNO BEE: Real Estate: Keep Your Home California doubles lender participation

By BoNhia Lee // More Valley homeowners should be able to qualify for mortgage help now that the number of lenders participating in a state-run mortgage assistance program has doubled. Keep Your Home California, a $2 billion federally funded program that helps homeowners save their homes from foreclosure, now has 101 lenders participating. Last year around this time, 55 lenders were on board offering homeowners help …

CENTRAL VALLEY BUSINESS TIMES: Return of a pulse to home sales is crimping rents

[1/21/13] // NOVATO — Rents have stopped growing and one research firm points the finger squarely at a return to life of the housing industry. A more robust for-sale housing market is now emerging — recovering from its coma ever since the subprime mortgage crisis struck down the global economy in 2007, says the firm RealFacts LLC of Novato.

REUTERS.COM: Analysis: More Americans leave parental nest in boost for housing

By Lucia Mutikani [1/18/13] // (Reuters) – Americans are feeling increasingly confident in the future and more and more are striking out to set up their own homes, a move that is helping propel the housing recovery. The deep financial crisis and recession of 2007-2009 kept many Americans from leaving their parents’ nests and drove others back into them …

COMMUNITY DEVELOPMENT

WILLOWS JOURNAL: Senior housing project receives funding

By Susan Meeker [1/18/13] // It was a close call, but the funding to build a 49-unit senior housing project on West Sycamore Street has been approved. The California Department of Housing and Community Development, who administers the federal HOME Program, approved the $4.5 million loan to Pacific Companies last week after city officials went to bat for the project.

HOMELESSNESS

LOS ANGELES BEE: Costa Mesa confronts homelessness head-on

By Rick Rojas // The police officers made their way through the Costa Mesa park known as “ground zero,” the crowded hub for the city’s homeless, handing out fliers and encouraging people to get on a bus that would take them out of town. Like other cities, Costa Mesa has had a tenuous relationship with its homeless … Two years ago, when tensions over the homeless population reached a peak, the city formed a task force to confront the issue.

REVITALIZATION / INFILL

GLOBE ST.COM: Public Housing Rebuild Completes Phase 1

By Natalie Dolce // SAN FRANCISCO-Mayor Edwin M. Lee and Supervisor Malia Cohen just recently celebrated the completion of phase one of the HOPE SF Hunters View public housing project, the first of five public housing sites slated to be redeveloped as part of the City’s HOPE SF initiative. The Mayor welcomed 25 San Francisco families …

ECONOMY / EMPLOYMENT

SACRAMENTO BUSINESS JOURNAL: Economic picture bright with jobs, government, real estate stabilizing

By Jack Robinson // This year’s annual economic report from a team of business leaders and economists at California State University Sacramento strikes a more confident tone than any in recent years. “We see an increasing likelihood of a positive feedback loop in the local economy,” write authors of the Sacramento Business Review report, published today by the university’s College of Business Administration …

VENTURA COUNTY STAR: Area officials believe enterprise zone would help Oxnard and Port Hueneme

By Toni Biasotti // The Kmart in South Oxnard closed five years ago, and now the strip mall where it stood is completely abandoned, every storefront boarded up. But there was a cluster of cars in the parking lot on Monday, perhaps for the first time in years. State & local officials and business leaders chose this as the backdrop for an announcement they hope will breathe new life into the poorest parts of Oxnard & Port Hueneme, by offering companies tax breaks …

CALIFORNIA NEWSWIRE: Calif. State and Local Officials Join Local Chambers of Commerce to Unveil Plans for Oxnard / Port Hueneme Enterprise Zone

By Christopher Simmons // OXNARD, Calif. — Speaking together in a joint press conference, state and local government officials joined community and business leaders today in announcing a collaborative effort to establish a new Oxnard / Port Hueneme Enterprise Zone that will encourage investment and create jobs in an area still staggering from the past decade’s economic recession.

NATIONAL HOUSING NEWS

FEDERAL HOUSING FINANCE AGENCY: FHFA House Price Index Up 0.6 Percent in November

Press release: 1/23/13 // Washington, DC — U.S. house prices rose 0.6 percent on a seasonally adjusted basis from October to November, according to the Federal Housing Finance Agency’s monthly House Price Index (HPI). The previously reported 0.5 percent increase in October was revised upward to a 0.6 percent increase. …

POPULATION / CENSUS

SAN BERNARDINO SUN: Declining birthrate poses challenge to California’s future

By Susan Abram & Matt O’Brien // California is losing its children. After decades of simultaneously worrying about and cashing in on its ever-growing population, the Golden State now awaits a new challenge: too few children and, eventually, too few skilled and able-bodied workers. … Long Beach saw the number of live births decline quickly – by 7 percent – in just three years.

ORANGE COUNTY REGISTER: Weintraub: California needs more children

By Daniel Weintraub // Not long ago, California was the land of the young. Migration from other states, immigration from other countries and the Baby Boom came together to send the state’s population of children soaring. Those children, and the young adults they became, personified a culture that seemed nothing short of obsessed with youth. That’s all changing. …

 

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COVERAGE INFORMATION:

California Department of Housing & Community Development WEB NEWS service coverage: Mondays, Wednesdays and Fridays each week includes electronic format articles retrieved from newspapers or news services that report housing and community development news in California and some national services. Coverage is for California newspapers that are available electronically via the Internet – and any significant related breaking news.

(C) Copyright 2013, California Department of Housing & Community Development, Division of Housing Policy Development

Links to web sites do not constitute an endorsement from The California Department of Housing and Community Development. These links are provided as an information service only. It is the responsibility of the user to evaluate the content and usefulness of information obtained from these sites.  HCD does not provide full text articles – user must access expired articles via newspaper archives online or local public library.

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